bond, debenture, share or other security that is at a price higher than its face value is said to be above par. If a bond has a face value above $100 and it's market price is quoted at $103, then it is well above par. Securities carrying coupons -such as Commonwealth bonds - are above par if their market yield is below their coupon rate.
Greater than the face value of an investment instrument, such as a bond. A bond selling "above par," for instance, is worth an amount more than its original issue value or its value upon redemption at maturity.
describes a bond or other fixed-interest security whose market value is higher than the price at which it was issued.
the price of a stock or bond that is valued at a price higher than its face amount.
Said of a security (generally a bond) that is sold above its nominal value. The bond is therefore said to be sold at a premium.
Selling for a price in excess of par value.
A price quoted above the face value of a security
